Number of Jobseekers Continues to Fall in Hungary

  • 2 Dec 2024 4:02 PM
Number of Jobseekers Continues to Fall in Hungary
The number of jobseekers in Hungary stood at 224,914 in November, 1,200 fewer than in the same month a year earlier, the state secretary for employment policy said on Monday, citing data from the National Employment Service (NFSZ).

The November figure was the lowest for the month in more than three decades, Sandor Czomba said. The number was down 1,300 from the previous month, he added.

The government aims to boost the employment rate by tapping the 300,000-strong labour market reserve, he said. Around 23,000 jobseekers have found work as the result of recently launched European Union-funded government placement programmes, he added.

Hungary jobless rate 4.5pc in October

Hungary's jobless rate for people between the ages of 15 and 74 stood at 4.5pc in October, data released by the Central Statistics Office (KSH) on Friday show.

In absolute terms, there were 219,400 unemployed.

The number of employed averaged 4,698,500 in October, down 26,500 from twelve months earlier. KSH noted that the drop was from a high base.

For the period August-October, average employment numbers were down 13,500 at 4,703,100. The number of people on the primary employment market edged down to 4,537,000. The number of Hungarians working abroad was little changed at 107,000. The number of people in fostered work programmes was down at 58,000.

The employment rate for the 15-64 age group edged up 0.2pp to 75.3pc.

Data from the National Employment Service (NFSZ) show there were 226,000 registered jobseekers at the end of October, unchanged from twelve months earlier.

Jobseekers spent 12.1 months, on average, looking for work, but 48pc of the jobless found new positions in under three months. The percentage of jobless who had been looking for work for at least one year reached 34pc.

Sandor Czomba, the state secretary for employment policy, in a statement issued by the National Economy Ministry said the number of employed people has been at a consistently high level for more than a year, hovering around 4.7m. The minimal decrease seen in October is due to the fact that the number of employed people was at a historically high level last autumn.

Meanwhile, Ukraine crisis - 9,500 Ukrainian citizens enter Hungary on Saturday

Fully 4,939 Ukrainian citizens entered Hungary at the Ukraine-Hungary border on Saturday, while 4,624 came to the country via Romania, according to the national police headquarters (ORFK).

Police issued temporary residence permits valid for 30 days to 27 people, ORFK said on Sunday.

Source: 
MTI - The Hungarian News Agency, founded in 1881.

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